most long term holders will remember this from anglo american,
LONDON -(Dow Jones)- Anglo American is planning to expand its energy operations through its activities in clean coal, possibly through acquisitions or a joint venture. Options for the mining giant’s expansion in energy could include buying into companies already prominent in clean-coal technology, such as Linc Energy Ltd. or Rentech Inc. (RTK), or establishing joint ventures, Pierre Ranwell, business development manager at Anglo’s coal unit, said Wednesday.
we also know that linc have a mou with marubeni corporation of japan.
we also know that linc are about to announce their maiden jorc resource at theresa at emerald and that they will be puting the for sale sign up in the near future.
guess who happens to have a jv just 100km's away....anglo and marubeni
anglo have a jv with shell for CTL
guess who shell are teamed with for cbm....ARROW
guess who sided with linc over their chinchilla tenements....ARROW
and queensland gas aren't happy about lincs links.
cheers
LNC Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held